Wake County collected more tourism tax dollars in October than it has in any single month before.
The county collected $2.43 million in hotel taxes in October, according to a news release from Visit Raleigh. That total not only is the highest single-month total for tourism tax dollars in the county, but Wake also saw prepared food and beverage tax collections reach their highest in October – $2.5 million, according to data collected by the Greater Raleigh Convention and Visitors Bureau.
Wake County hotel taxes brought in more than $2.43 million in October, a more than 18 percent increase over October last year. Hotel occupancy was up 82.6 percent in Wake in October, according to the release, up about 12 percent for the month compared to the same time last year.
Wake’s hotel occupancy tax revenue was 8.2 percent higher than the state average and 14 percent higher than the national hotel occupancy averages in October.
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Visit Raleigh attributed the numbers to several events in the county in October, including the N.C. Community College System’s conference (3,500 attendees), N.C. League of Municipalities conference (2,500 attendees), the Wildlife Society’s conference (1,500 attendees) and the ACC Cross Country Championships (300 participants and hundreds of spectators).
“October 2016 was a very good month for all aspects of the visitor economy here in Wake County,” said Denny Edwards, president and CEO of the visitors bureau. “As these numbers show, tourism is a huge economic driver for our community bringing $2.3 billion dollars into the local economy and supporting more than 24,000 jobs annually while also proving that Raleigh continues to grow as an emerging leisure, meetings and sports destination of choice.”